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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: Ginko who wrote (1733)1/4/1999 9:23:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 5810
 
min rates are zero. Max rates are "39.6%" Federal on short-term. and various levels for long-term including 8% 10% 18% 20% 25% but for most traders I'd say 20% is the max rate.

These are for the US Gov't only. A US citizen may also be subject to various State and Local income or gains taxes in addition to this.

Colin